The Cape Town headquarters of Anglo-South African financial services company Old Mutual are shown in this picture taken March 7, 2016. REUTERS/Mike Hutchings/File Photo
JOHANNESBURG (Reuters) – South African insurer Old Mutual said on Monday it will not allow sacked chief executive Peter Moyo to return to his duties because a second notice of termination given on Aug. 21 stands and the company would continue to fight his attempts to get reinstated.
Moyo turned up for work on Monday morning but was again prevented from resuming his duties despite a court ruling last week that dismissed the insurer’s attempt to block his temporary reinstatement.
Reporting by Nqobile Dludla; Editing by Susan Fenton